Bridge Street Private Wealth Management of Steward Partners

05/29/2026

The money she built.

The money she invested with intention.

The money she expected would help her, and then help her children buy a home, pay off debt, and support the next generation.

And then, unexpectedly — she was gone.

Her family inherited her IRA. They had real plans for it — a first home, student loans, their own kids' tuition.

Nearly 40 cents of every dollar will go to taxes.

On a $500,000 IRA, this gift is going to cost them over $200,000 in income taxes. And because the money they use to pay that bill is also taxable — they're paying taxes on the taxes.

Before she passed, she had gone to a local attorney looking for help.

His response?

"Just feel lucky you have the money to pay the tax."

That's not planning. That's acceptance.

This isn't a rare situation. It isn't the result of poor saving or bad investing. It's a planning gap — and it's one that can often be addressed, but only before the money starts moving.

If someone you love has an IRA, this conversation is worth having — while there's still time to change the outcome.

09/08/2025

The luxury vacation rental market is booming, set to grow 9.1% over the next 8 years. Discover how trends, tech, and travel preferences are shaping this industry. Let's discuss! 🌍✨

04/04/2025

"Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”― Warren Buffett

03/12/2025

"A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful."- Warren Buffett

11/26/2024

Every great love story is the beginning of something extraordinary. Together, you have the power to craft a future that reflects your shared dreams and creates a foundation for a lifetime of possibilities.

11/18/2024

This holiday season, consider a family conversation about money. Yes, money!

Here are some questions to help start the conversation around money...

1. What does wealth mean to us as a family, beyond financial assets?
This question encourages a discussion about the broader purpose of wealth, such as values, opportunities, or the impact on future generations.

2. How can we ensure that our wealth supports both individual aspirations and collective family goals?
This fosters a balance between personal independence and shared responsibility, helping the family align on priorities.

3. What are our goals for the legacy we want to leave, and how can we work together to achieve them?
This invites discussion about philanthropy, values-driven investing, or other ways to create a meaningful and lasting impact.

4. What steps can we take to educate the next generation about managing and stewarding wealth responsibly?
This highlights the importance of financial literacy, mentorship, and preparing younger members to carry the family’s vision forward.

5. How can we improve communication and decision-making as a family regarding wealth and financial matters?
This focuses on creating a culture of transparency, trust, and collaboration, addressing potential challenges like conflict or differing priorities.

10/25/2024

Financial planning starts with a vision for the future. Whether it’s launching a new business, taking that dream vacation, or enjoying a fulfilling retirement, knowing your destination is key to creating a plan that gets you there. So, where’s your next stop?

09/11/2024

On this day, we pause to remember and honor the lives lost, the families forever changed, and the loved ones who carry their memory forward. The flag waves over peaceful waters, a symbol of resilience and unity, reminding us of the strength that emerged from unimaginable loss.

To those who lost loved ones, your pain is shared, your grief honored, and your loved ones never forgotten. We stand with you, today and always. 🇺🇸

09/06/2024

Exciting new opportunities for high-net-worth investors are on the horizon.

NFL owners have voted in approval of a measure to allow private equity funds to buy stakes in teams. Judy Battista explains why this change was made and breaks down what to expect next.

07/08/2024

"I didn't sign up for this!" - POA for out-of-state father.

"How do people work, take care of the things they need to take care of, and also take care of their parents' finances?" - Client caught in the 'Sandwich' of caring for children and their parents.

"This is like a second job!" - Client who inherited multiple accounts from mom (non-client).

"My mom is aging, how am I supposed to help mom, and be her daughter? What do people like me do?" - Daughter of elderly client.

Let's be totally frank: Proper estate planning, and regularly reviewing the plan, is one of the biggest gifts that a person can ever give their heirs. Full stop.

Don't wait until it's too late. Don't know where to start? Reach out and ask. 🌟